kaaiii

BTC little correction before continued uptrend

Long
BITFINEX:BTCEUR   Bitcoin / Euro
Looking at the previous points of support & resistance and a hypothetical Elliott Wave count it looks like we're about to have a small break in our BTCEUR up-trend before continuing to more highs. This is also supported my the MACD and RSI both being on the high end on the 1h chart. But still being relatively low on the 4h and 1d charts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.